Universal Health Services UHS is set to give its latest quarterly earnings report on Monday, 2021-10-25. Here's what investors need to know before the announcement.
Analysts estimate that Universal Health Services will likely report an Earnings Per Share (EPS) of $2.75
Universal Health Services bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat on EPS by 40.3%, which was followed by a 2.92% increase in the share price the next day.
Here's a look at Universal Health Services's past performance and the resulting price change:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | 2.68 | 2.27 | 2.78 | 1.94 |
EPS Actual | 3.76 | 2.44 | 3.59 | 2.88 |
Price Change % | 2.92% | 0.09% | -7.11% | 3.89% |
Stock Performance
Shares of Universal Health Services were trading at $137.35 as of October 21. Over the last 52-week period, shares are up 17.78%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.
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